South Korea has quietly become a favorite of arms buyers aroun | /CIG/ Telegram | Counter Intelligence Global

South Korea has quietly become a favorite of arms buyers around the world, in the culmination of a decades-long effort to protect itself from North Korea by building an indigenous arms industry with economies of scale gained from big export sales. Among international weapons suppliers, the country climbed from 31st place in 2000 to become No. 8 in the period from 2017 to 2021, according to the Stockholm International Peace Research Institute (SIPRI). So far this year, it’s inked $17 billion in export contracts, up from a previous record of $7 billion in 2021, which was the first year South Korea’s export deals topped imports. https://www.forbes.com/sites/jeremybogaisky/2022/11/07/south-korea-has-quietly-become-one-of-the-worlds-biggest-weapons-suppliers/?sh=457afa796375